Research on Bidding Methods of National Grid Construction Projects Based on Friedman Model

YANG Xinglin, XUE Hefeng

Abstract

The most competitive tender offer is the key to seeking survival and development in the furious market competition for the bidders in the process of bidding. How to make a appropriate quotation decision-making is the key to tender offer for the bidders. The paper starts from theoretical research and empirical analysis, after studying the existing domestic and international tender offer decision-making model, considering current market conditions, the tender offer decision-making model, Friedman model were proposed which is suitable for the tender offer of the State Grid Corporation Power Transmission Project. An engineering case was applied to prove the validity and practicality of this model.Key words: Friedman model; State grid tender; Tender offer decision-making; The probability of winning bid

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